seven years ago, it was a bankrupt factory in upstate new york. >> the impact more broadly is pretty significant. >> you talk about how countries around the world are trying to copy that secret sauce of america's innovative society. do any of you see any indication that the united , from its great research universities or to people who want to start companies, that the united states has lost any of this appeal? >> absolutely. the university may be different, but as it relates to the entrepreneur ship and creating companies, absolutely. that is not to say that we do not have a lot of things going for us. to suggest that there is not robust entrepreneurial ecosystem developing in many different countries is just not accurate. one fact that should be scary is that there is a venture firm, xcel partners, that back facebook -- all of their venture investors were silicon valley. now they have more venture investors in china than they do in silicon valley 10 years later. why did they do that? they believed the opportunity is there -- opportunities there